Damodar Valley Corporation CIRP Consultant Tender for IPCL Resolution Plan Hyderabad 2026
Bid Publish Date
06-Sep-2026, 1:26 pm
Bid End Date
14-Sep-2026, 2:00 pm
Value
₹1,83,81,036
Progress
Key Highlights
- • Damodar Valley Corporation procurement for CIRP consultant services
- • IPCL Corporate Insolvency Resolution Process; NCLT Hyderabad engagement
- • EOI, due diligence, and Resolution Plan preparation deliverables
- • Estimated value ₹18,381,036; no BOQ items listed
- • Integrity Pact required; no deviation from ATC terms permitted
- • Must submit signed integrity pact and adhere to all tender conditions
- • Experience in corporate insolvency, financial restructuring, and court-facing documentation
- • No explicit EMD amount provided in the available tender data
- • Bid submission aligned with IPCL CIRP regulatory timelines
Tender Overview
Damodar Valley Corporation seeks a Consultant to support the Corporate Insolvency Resolution Process for India Power Corporation Limited (IPCL) at the NCLT, Hyderabad. The engagement covers EOI preparation, due diligence, and Resolution Plan development under CIRP. Estimated contract value is ₹18,381,036. No BOQ items are listed; the scope emphasizes professional advisory services to enable CIRP milestones and formal resolutions. The ATC mandates bidder compliance with integrity provisions, acceptance of all tender terms, and submission of required documents. The absence of product specs shifts focus to governance, financial due diligence, and insolvency process expertise. This opportunity targets firms with strong CIRP execution experience, governance risk assessment, and ability to interface with NCLT processes for IPCL.
Technical Specifications & Requirements
- Engagement scope: EOI documentation, due diligence, and preparation of a Resolution Plan for CIRP of IPCL.
- Jurisdiction: NCLT Hyderabad; alignment with regulatory CIRP timelines and process milestones.
- Deliverables: EOI package, due diligence reports, and a actionable Resolution Plan draft for submission to NCLT.
- Experience focus: Proven capabilities in corporate insolvency, financial restructuring, and drafting CIRP-related documents for court approval.
- Compliance: Adhere to Integrity Pact; no deviations from tender terms; sign and submit per Buyer ATC requirements.
- Financials: Estimated contract value around ₹18.38 million; bid should reflect cost efficiency in advisory services.
Terms, Conditions & Eligibility
- ATC adherence: Bidder must read and comply with additional ATC; no deviations allowed.
- Integrity Pact: Scanned signed copy to be uploaded with bid as per organization policy.
- Bid acceptance: Participation signifies unconditional acceptance of all terms.
- Documentation: Submit integrity pact; other documents as per ATC and tender documents.
- EMD not specified: No explicit EMD amount published in available data.
- Bid evaluation: Based on compliance with CIRP expertise, methodology, and price competitiveness.
Key Specifications
-
Engagement type: CIRP consultancy for IPCL
-
Deliverables: EOI documents, due diligence reports, Resolution Plan draft
-
Jurisdiction: NCLT Hyderabad
-
Estimated value: ₹18,381,036
-
No technical product specs; emphasis on insolvency expertise and governance
Terms & Conditions
-
Adhere to all ATC conditions with no deviations
-
Submit signed Integrity Pact with bid
-
Provide CIRP advisory qualifications and prior IPCL-like experience
Important Clauses
Payment Terms
Not explicitly published in the available data; payment terms to be as per ATC and contract after approval by NCLT and DVCL.
Delivery Schedule
Deliverables include EOI, due diligence, and Resolution Plan; exact milestone dates not specified in current data.
Penalties/Liquidated Damages
No LD details provided in the tender data; penalties would be defined in formal contract per ATC.
Bidder Eligibility
-
Proven CIRP/insolvency advisory experience with corporate assets
-
Capability to prepare EOI, due diligence, and resolution plan aligned to NCLT timelines
-
Compliance with Integrity Pact and all ATC terms
Tender Data
Bid Details
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
3 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
5514
Experience Required
7 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - Engagement of Consultant in respect of Corporate Insolvency Resolution Process (CIRP) of India Power Corporation Limited (IPCL); Engagement of Consultant in respect of Corporate Insolvency Reso..
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
3%
ePBG Duration (Months)
14
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
08-09-2026 13:00:00
Pre-Bid Venue
online in MS teams (Link provided in ATC)
Delivery Details
Delivery Locations
1
Delivery Cities
Kolkata
Delivery Pincodes
700054
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Shubhendu Hazra Choudhury | 700054,Damodar Valley Corporation, DVC Towers, VIP Road, Kolkata-700054 | Kolkata | West Bengal | 700054 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 8
GeM-Bidding-9850435.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Categories
4
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Required Documents
Signed integrity pact as per Buyer organization policy
Compliance with ATC and tender terms acknowledgment
Documentation proving CIRP/insolvency advisory experience
Any OEM/consultant authorizations if applicable
Standard bidder information as per ATC (entity details, contact, etc.)
No explicit EMD document listed in the tender data
Frequently Asked Questions
How to bid for Damodar Valley CIRP consultant tender in Hyderabad 2026?
Bidder must submit signed integrity pact, acknowledge ATC terms, and provide CIRP experience. Include EOI, due diligence, and resolution plan proposals with clear methodology. Ensure alignment with NCLT Hyderabad processes and submit per DVCL requirements.
What documents are required for DVCL CIRP consultant bid 2026?
Submit signed integrity pact, proof of insolvency expertise, project experience in CIRP/due diligence, and corporate governance documents. Include bidder details and any relevant certifications; EMD not explicitly listed in data, confirm with ATC before submission.
What are the key deliverables for IPCL CIRP engagement in Hyderabad?
Deliverables include EOI documents for CIRP, comprehensive due diligence reports on IPCL, and a formal Resolution Plan draft for NCLT submission. Each deliverable must meet regulatory CIRP standards and DVCL ATC requirements.
What is the estimated contract value for the DVCL CIRP consultancy?
The tender estimates a contract value of ₹18,381,036 for CIRP advisory services, covering EOI, due diligence, and Resolution Plan preparation across the IPCL CIRP engagement.
What are the eligibility criteria for insolvency consultants bidding in Hyderabad?
Bidders must demonstrate CIRP experience, ability to draft EOI and resolution plans, and compliance with an Integrity Pact. Prior engagement with NCLT processes and corporate restructuring is highly preferred to meet evaluation criteria.
When is the submission deadline for the DVCL CIRP bid in 2026?
Specific submission deadlines are not provided in the available data. Bidders should refer to the ATC and tender documents for exact dates and ensure timely submission of the integrity pact and all required documentation.
What payment terms apply to the DVCL CIRP consultancy contract?
Exact payment terms are not published here. Typically, CIRP consultancy contracts follow milestone-based payments post-approval of deliverables. Bidders should confirm terms in the final contract and ATC before bid submission.
What standards or certifications are required for this CIRP engagement?
The tender emphasizes insolvency expertise and governance compliance; explicit standards are not listed. Bidders should highlight relevant CIRP experience, regulatory compliance capabilities, and integrity pact adherence in their technical bid.